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Search Results 0 to 49 of about 142 (some duplicates have been removed)
on the local economy. positive effects in terms of lower training costs and turnover and less lost time at work and dedicated employees, so small businesses, mid size and large businesses benefit from in, as well as local government because they don't have as many people relying on social services. so, the data doesn't back that up. in fact, it's a positive thing he when we do it in a planful fashion to raise the minimum wage. >> on this issue, just like an economist. on the one hand, on the other hand, there are studies on both sides. but jonas there is an argument that higher minimum wages reducing turnover, which lessens the costs of employers and could incase employments. >> you would never leave the job if you could get it, it's a pretty good wage. negatives and benefits. both sides of kind of right. if the minimum wage is low $2, it wouldn't disrupt the job market. if it's $50, high unemployment, but a-- there's obviously a level between there where the negatives would exceed the positives. there are positives, workers would get more money under the plan and not outsourced to china. you n
and the state of the two biggest economies in the world. first up, on tuesday in the state of the union, president obama challenged congress to vote on proposals to get weapons of war off our streets. but will it happen? can it happen? we'll talk to a world leader who made it happen in his nation. >>> then, larry summers on how to create jobs in america. the former treasury secretary on how the president can achieve the goals he laid out for the economy. >>> then, many worry that the world's second largest economy is headed for a crash. a rare inside look at the inner workings of the chinese economy. what's really happening there? >>> also, what in the world will get north korea to end its nuclear ambitions? i'll give you my plan. but, first, here's my take. president obama's state of the union address presented an expanded vision of smart government to create jobs and revive the economy. it had many important ideas in it. yet, he lowered his sights on the single policy that would both jump start the economy in the short term and create the conditions for long-term growth. infrastructur
to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. [applause] >> thank you john for your very kind introduction and the invitation to speak at the heritage foundation today. it's a great privilege to be here. i have always been a great admirer of heritage and the council and in many cases the friendship of many people here at heritage for a very long time i have also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which i think is the intention of the heritage foundation to the power of culture, by which i mean people believe ideas, habits and expectations in the way that these achieve some form of institutional expression. this issue of culture and how it relates to the economy is at the heart of my book, "becoming europe" because at one level becoming europe is certainly about what has happened in europe and why it is now regarded as the sick man of the global economy. my book is also a
are cutting jobs, millions of jobs around a country and you are damaging the economy. so, stupid as bob said is a good word for it. it is taking a hatchet to the economy, the moment when the economic recovery, no matter if you are republican or democrat, by everybody's estimates is in a fragile state and doesn't make sense and now, the president says, you know, look back to the negotiations he was having with speaker boehner and he said a lot of those proposals are still on the table, we can get back -- we have a three month delay an kick the can down the road a little farther and avoid -- >> two month delay. >> that is the way we apparently govern now in washington, from one crisis to another and the question is when you bump up against it and come up against the debt ceiling and the fiscal cliff usually we put it off but this is one i think that will cause tremendous damage and the -- >> $85 billion. >> with the congress gone for a week when do they have time to negotiate. >> $85 billion in a $3.5 trillion budget. >> and -- >> it will hurt the economy. >> if you lose your job i think it hu
and his team realized that they can't get to their spending nirvana without getting this economy growing. and the economy is hobbling along, even if slow runners can across the finish line. neil: we may be back to levels of the market where we were five years ago. but it has been a steady climb back to worst -- excuse me, from e worse. net net, is a good barack obama? >> yes, i am for it. we are all investors. we all want to see this thing improve. i agree with bob that economics is about choices. neil: i do buy your argument about the slowly inching back economy here. not in the gangbuster fashion, but enough to compel money that has been nervous. and sitting on the sidelines come back in. but the way it is being committed is not to expand plans and operations as much as it is to retrench buying out a competitor. you're really not expanding your business but you're really just retention the existing business. you are not heralding the success of what is going on. you could argue it is part of the bunker mentality. explain the mechanics of what is happening. >> i think you're absolutely
where the increase in the minimum wage has stymied the economy, caused jobs to be lost, caused employers not to hire. where is the evidence of that? >> if that is the case, let's make it $20, $50. we not only have chronic unemployment of 8%, we have huge and terribly destructive teenage unemployment, minority unemployment. this is the entry-level jobs where you get started. if you are going to price it out of the market in an economy that has the weakest recovery since the second world war, you are guaranteeing you will create blight for these people. >> those other people who do the jobs that none of us want to do. i think the odds are that he will not get it and he will not fight for it that hard. the last person who fought for a minimum-wage increase was ted kennedy and he actually got it. >> who will be the time kennedy in the senate is an interesting question, too. >> if you cannot pay someone $9 an hour, you probably should not be a business. >> i agree with him -- >> you talk about the economy as if it is a moral and estimate. even if i agree with you, it does not change the fact
--www.ncicap.org-- >> the president says the economy is improving, but we have to do better. he says republicans don't have a clue, and that austerity is not the answer. he says it is time to educate our children and rebuild our infrastructure. the president's fourth state of the union. how do we pay the bill? >> nothing i am proposing tonight should increase our deficit by a single dime. >> the president offered more of the same -- higher taxes and more stimulus spending. >> the president wants congress to come up with $40 billion to improve infrastructure, wants to raise the minimum wage to $9 an hour, wants a new energy bill similar to cap-and-trade, wants preschool for every 4-year-old in the nation, tax reform, gun control, citizenship for undocumented immigrants. what are his chances, charles? >> approximately zero. he is talking as if we have a huge surplus so we can start spending all over again inaugural address was the philosophical statement of what i call this left-liberalism, the state of the union address is the programmatic expression of that. there a social ill that h
if sequestration happens? do you think the economy slows down? >> well, it will slow -- by all estimates, it will slow the economy down somewhat. there are differences among economists as to how much. but it will, of course, be contractionary and therefore it will slow growth, but there are a number of other things that are going on in economy that are pro-growth, so it will have a negative impact but there are other pro-growth elements which can be very helpful. >> it sounds like you're not that worried. >> i am worried because it does cause concern that we can't agree on the kinds of rational policies to deal with our problems and we have to revert to something that no one really wants, but they can't reach an agreement on something positive to avoid this kind of thing. >> the good news is that this economy is growing, the u.s. economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheetsz, business balance sheets are doing well and exports are
economy to the brink of destruction. this time over a march 1st deadline for the across-the-board government cuts known as the sequester. >> ts is not a game. this is reality. >> i don't like the sequester. it's taking a meat axe to our government. >> these steps would seriously damage the fragile american economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies bey
leader but brazil is one of the most important emerging economies for the whole global economy it's one of as we call them the bricks the emerging economies that has the chance to structure how the economy is going to look going forward. when you think about the countries but obviously the united states when you think about the countries along the pacific rim of latin america they make connect more to the economy of asia. i was always struck when i would go to something called the summit of the americas which is about latin america and the caribbean and we would have these discussions and travis would take off and everybody would sort of what ever. but then almost a week or two weeks later we would go to the asia pacific economic council. there it is the pacific rim countries of chellie and the pacific rim all the way to canada and all the way out through japan and china and korea and the conversation was completely different. was about global trade and freeing trade. and i actually always thought that in that sense the country had more in common with their asian counterparts than their
and dedication have not yet been rewarded. our economy is adding jobs -- but too many people still can't find full-time employment. corporate profits have rocketed to all-time highs -- but for more than a decade, wages and incomes have barely budged. task,our generation's then, to reignite the true engine of america's economic growth -- a rising, thriving middle class. [laughter] --[applause] it is our unfinished task to restore the basic bargain that built this country -- the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, what you look like, or who you love. it is our unfinished task to make sure that this government works on behalf of the many, and not just the few, that it encourages free enterprise, rewards individual initiative, and opens the doors of opportunity to every child across this great nation. [applause] the american people don't expect government to solve every problem. they don't expect those of us in this chamber to agree on every issue. but they do expect us to put the nation's interests before party. [applause]
now to up tell us where these markets and the economy is headed, well, we will be talking with and welcome to our own rick adonis, senior u.s. economist for deutsche bank security. good to have you here. your year. i mean, we have people walking around with long faces. all parts of the country because they're unemployed. the economy is contracting. and they just don't understand how nice it is to be on wall street. >> well, it is chilly down on wall street. i assure you. but we are seeing some positive signs in the economy. so, yes of the fourth quarter did not look so great. the best top-level gdp number. but when you look beneath the surface we see some important undercurrents. does green shoots cut consumer spending. lou: seeing that come back. >> consumer spending is picking up. the investment which had been contracting. nav is picking up again. the housing market is picking up. but the domestic economy looks decent. it needs time to run until that an employ rate is down, but it increasingly looks like we are building some momentum. lou: you know, i really am. and i am
in this country to strengthen middle class families? that's how our country, our economy is strongest when a thriving, rising middle class is the engine for growth in this country. that's exactly what we want to do. when you look at sequester the impact on middle class families, what's it going to be, teachers in schools, 13,000 schools -- 13,000 teachers are going to be hit, 6,000 schools. if you look at mental health, if you look at food inspections and you've already heard the devastating list of horribles that the pentagon has said are going to be out there. so the question is, on top of all those things that you just talked about is what is the impact on the middle class? so the question the president is asking is why don't we take a step back, let's fix this in a kind of balanced way the president has proposed and the senate democrats have proposed with a reasonable amount of spending cuts and a reasonable amount of revenue raisers so that we can get this thing done and move on to the business of the country. >> but help me understand because we have a budget. this is -- look at exac
the president unveiled proposals to boost the economy, help the middlal class, invest in the nation's aging infrastructure, create more high-tech manufacturing, a big emphasis, expand preschool education, up high school standards and make college more affordable >> nothing i'm proposing tonight should increase our deficit by a single dime. it is not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth. >> the president also appeals to congress to work together on climate change, immigration reform, and particularly on the phony issue of automatic government budget cuts known as sequestration. >> question. when former president clinton took the helm during an economic downturn, he said he had a quote laser-like focus on the economy. how would you describe the focus of president obama's state of the union pat buchanan? >> he did pivot back toward the jobs and the economy but overall this was a very libbal brail speech, something we have all heard before nothing new in it and a dead on aarrival speech. he is not going to get the m
economy on an irreversible, downward path. we will hear about the past consequences of the impending cuts. i do not doubt that they will be painful to bear. if there is a way to mitigate the pain,i'm open to discussion. i believe it is important to emphasize that the sequester of whatever temporary solution we have made is just a precursor to the main event. thank you. >> thank you, senator shelby. we will go to the panel. i am going to explain how this is going to work. we would have begin with omb and wrap up with national security. in the interest of time and efficacy, we will have one panel and be able to ask questions where we can get cross communication going. we will start with you and then secretary donovan and secretary napolitano. we will go to questions and alternating on both sides of the aisle. right off with senator shelby and myself. you are representing omb. their obligations with the presidential responsibility. go ahead and give us the details of omb. i will not introduce everyone. we will keep it going. >> thank you. members of the committee, good morning. i'm here to d
in coming years of the baby boomers. do we need to cut it today with the economy still as weak as it is? no, we don't. the idea debt is a problem and manufactured -- chris: everybody get in on this. who gets hurt if we have a situation at the end of this month, march 1, where there's a huge cut in government spending. watch what happens and we lose a lot of pentagon jobs. a lot of people out of work. stop by and stores closed, supporting organizations and some contractors are out of work. who gets blamed, president or republicans in congress? >> in the end i think the president. we americans under this habit of thinking i think the presidents have too much -- deserve too much for a good economy and too much blame for a bad economy. what a president does is pretty important but not as important as sometimes other factors. chris: if we have a shutdown or second recession or something like it, double dip, who gets hurt? >> republicans believe your theory, michael, it's the president. the buck stops with him. fundamentally -- >> chris: he's the one scared of this sequester more than anybody it
people civilians working, and all of the defense contractors, our economy is based a lot on the prau fits of defense contractors, and they will get wiped out we are told, many of they will will. so it's a huge problem. if it goes for a couple days or maybe a week, they think they can work their way out and there are all kinds of new plans. the democrats want to end employment and tax benefits for the wealthy, and the republicans are against anything with a tax on it, and they are strictly for cuts, and there's no sign of any kind of a compromise. >> and there was an interesting statement, and the fact that the greatest threat to national security is budget uncertainty, and this is an example that if this thing goes through, it's going to hurt a lot, and especially in northern virginia. >> not just northern virginia, we're talking about the washington region. >> and the number of people who will be laid off, and two, not hired because you can't hire if you don't have a budget to do it, and then take into account that a lot of universities and hospitals here get grants to study, the impact
. the demand suicides has come up from the economy improving. and some tenants have been displaced who have taken up other places there's not layoff a lot on the port to lease. i should say those vacancy rates don't include the buildings we're in today or the vacant land. the other indicator we use is the annual revenues that has been hoover over 4 percent. the bigger story is we've got one account that repeals half of the out standing amount and once we're able to resolve that the delinquent rate will drop. now predictably we lost money in the industrial space storage facilities and parking lot this was due to the america's cup project as well as the displacement where the crews ship term is being built. we need the city to rehe bureaus us dues to some complications has not generated revenue for us however, we're expecting a revenue reimburse time. a lot of those costs have been offset by parking lot meter funds >> good afternoon commissioner this is marilyn i'm from the medical examiner division financial analysts. on the maritime does the revenue is up by 21.4 percent. and it's from two
, not be bailed out then this economy creates jobs and allows people to move ahead as abraham lincoln said improve their lot in life. government hurts' opportunities come to keep people in their place and is not a how to create things. free the people. they will do its. [laughter] john: you may kitchen ventilation systems in the kitchen to suck up the bad air but government wants to make your business better so then they will help all of the of the if you focus on 79 pages of regulation, and many manufacturers are very small, it is too abstract it is impossible to read. >> notice of proposed rulemaking subsection 13, a complete missing in action is unintelligible then they try to make your fans used less electricity. so we have a paradox but he wants to regulate us to death so with creativity with the small investments made over a long period of time and government dampens that for the economy. >> keep in mind if you don't succeed in a tr free market even if you meet the needs and wants of other people. john: not the caricature f obama that he pints of us being greedy cackling over your money. >>
out of business. deb? >> saving the environment and trying to rejolt the economy. all right. chris lawrence, thanks for us there in washington, d.c. appreciate it. >>> a mother flying to atlanta tries to soothe her crying child. that's when police say a fellow passenger actually slapped the boy and yelled out a racial slur. parents describe the traumatic incident just ahead. >>> mixed martial arts, a sport that's exploding in popularity in the u.s. going to tell you why. >>> also, remarkable guide dogs, trained by a woman whose hollywood pedestrian grill is very well known. we will talk live to entertainer lauren aluft, daughter of judy garland. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlar
that then goes out and stimulate the world economy like apollo and early space programs stimulated the economy of the world. i got an iphone on my hip that has 2000 times the memory of an apollo computer. can you imagine? the space station guys, they have texts, skype or something up there. and they're all on their laptops. it boggles your mind what is going on there technologically. >> today you could probably tweet what is going on on your flight. on your first and only flight, on the way back to earth, you got to do spacewalk. >> it was totally different. a different experience. as i described being on the moon, it contrasts the gray lunar surface with the blackness of space. people ask me what does the earth like from the moon? i said i cannot tell you because i landed in the center of the moon which took the earth directly overhead. in an apollo space suit, it is like being in a fishbowl. you move your head but the helmut does not move. so i did not get to see the earth very much from the moon. but in lunar orbit, you come around from the backside and there is the earth rise. we landed at
and the kind of investments we expect for the economy to grow from the middle out. so our hope is that this does not happen, that we choose-- rather than make this an ideological fight as it appears to be right now among some on the republican caucus, we just do a balanced approach to fix this problem. >> schieffer: i agree with all that b but when you have the speaker of the house saying i can't work with the president any more. every time i work with him i get bermuda. when he says he won't take on the liberals in his own party on reforming the social programs, and then you see the president he's not talking to anybody. he's out making speeches around the country. >> oh, i think that the president is-- he laid out in very complete detail-- >> schieffer: but what is he doing? what are the two sides doing to keep this from happening? >> you saw what he did on tuesday night during the state of the union when he laid out in detail on what he is prepared to do as it relates to fixing this problem. over the last several months we got agreement on $2.5 trillion in deficit reduction
the economy, and then when the republicans don't pass them or take them up, he will call them obstructionist, he hopes that they'll have a few fights over a couple of them like the minimum wage that will make them look ununited and ineffectual and then he'll use that to try to show that they cannot lead and take back the house in 2014. >> and james, what struck me was how unapologetic the endorsement of activist government was, this was eons from the bill clinton presidency. this is an unapologetic look, look, government will do the following things for you, suggests to me that he thinks he has the liberal majority in the country? >> yeah, and not having to fun again for reelection, having just won, the pretense is falling apart from cares a lot about debt and deficit reduction, a lot of new programs, a lot of of new spending and i think as we said, 2014, we find out if the congress is going to be able to stop those programs in the last two years of his term. >> i think there's more going on here as well, paul than just the president sort of figuring out how to fight in the political trenche
: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. sharble data plus unlimited talk and text. now save $50 on a droid razr maxx hd by motorola. >> chris: this week he took on democrats and republicans in his tea party response to the president's state of the union address. here are with his critique of both parties is senator rand paul of kentucky. welcome back to "fox news sunday." >> good morning. >> chris: we will get to the president in a moment. let's start with the republicans. you say the sequester is fine, even the 40 plus billion dollars that the pentagon would take in military spending cu
to just a bad economy. it's not terrific to kind of dream of big things if you're living in an economy where those are not going to happen very often. but it was also an entire kind of spiritual, philosophical, religious paraphernalia that had really convinced large numbers of people that destiny is something you get from the outside world, you inherit rather than make. and when i moved back, the most striking thing i found-- and i found it day after day over six years-- was that people now believe that destiny was man-made and woman-made and child-made, and they believed that you... as one of my characters says in the book, "our generation believes our decisions are our destiny." there's, in a way, no more subversive idea a society could get a hold of than that idea. everything else can kind of be derived from that idea. and so a lot of things have not yet come to india, but that has come to india, and a lot is coming out of it. >> hinojosa: but this notion that now, you know... when i'm watching popular culture with my kids, teenagers in the united states of america, and then they al
of the rich. the problem is when tries to squeeze more none any ou moneyf the economy he is slowing it down. we slowed down in the fourth quarter. it is not because government spending it going down. government spending is is still going at pace. we petn spen spent more no theh quarter last career than in the nird quarter. we never had a real cut in spending in recent history. i will think he is flat out wrong. >> chris: but does it matter whether it is right or wrong and you know this doesn't have anything to do with politics, as a matter of practical politics isn't the president putting the republican party in the same spot he is successfully put you in during the campaign. he is defending the middle class and you guys are protecting tax breaks for the wealthy. >> right. and that is empty and false rhetoric. it is our job to explain to the american people that big government doesn't help the poor. big government creates massive debt which causes your price to rise. your gas price going up if you make $20,000 a year and have two kids you are poor and when the gas prices go from $3.20 to $3
government is actually capable of doing? i mean, you talk about the economy and jobs. there is, obviously, debate how many jobs have actually been created in the economy. look. you pointed out to apple ceo, tim cook was in the audience in the state of the union. he is sitting on over 171 million dollars in cash at apple. why? because uncertainty in the marketplace. tom friedman writing this morning something that caught my eye. he said you can feel the economy wants to launch but washington is sitting on the national mute button. we the people feel like the children of permanently divorcing parents. how does this sequestered business end? the president said during the campaign the sequester, the word for automatic spending cuts, he said it would not happen. is it going to happen? >> i always read tom friedman he has that good minnesota sensibility. >> you guys stick together. >> we do. the column today i think is continuation of that. frankly, i believe it's a continuation of exactly the plan the president laid out in detail in the state of the union on tuesday night. we have already made
the state of the economy, he probably should have lost and he won not just because of mitt romney's inadequacies, but because he built the finest political organization in recent american history with more than 1 million volunteers. >> you share that in common with barack obama. his hometown of chicago. your hometown is chicago. >> i met barack obama in 2002 and at that time he had just lost for the house of representatives. he told me when we first met when my aunt had died and he came over to pay respects to my cousin's house. he said he was going to run for the u.s. senate. i remember thinking, wow, that's a lot of nerve. he just lost for the house and he is running for the senate? yes, i knew him and i knew a lot of the people around him in chicago for many years because i grew up in chicago politics. my mother was a politician. my mother new barack obama in the '80s. so, you know, in some ways i'm familiar with the political environment that he came out of and i think that, you know, it's giving me a little bit more insight going back with these folks for quite a long period
to local economies being able to sustain and say yes, we have clean water, we have vegetables, we have meat that is not -- animals that are not dying and fish not rising to the top of the lakes because of ground water coming up with methane and all the chemicals, most of which we don't even have disclosed to us to know. no gag orders on us to tell us. this is what we need. we need transparency. we need real information. we don't need the same advertising companies who told us it was ok to smoke and hospitals telling us that fracking is safe. no. we didn't believe you then. we don't believe you now. no fracking, no tar sands, yes on innovative technology for our future. we're not inheriting trillions of dollars of debt and water we can't drink. food we can't eat. no. so thank you so much for making this issue front and center, making sure that he understands and all the other leaders in our audience knows they have the constituents behind them to support them to do the right thing. you are a whole legacy building. thank you for doing that with us. >> now i'm good. i got a hug. i'm good now.
in it for the private development of the economy and jobs. i think the original founders of the sierra club would be appalled. >> paul: james. >> big miss to the olympic committee, this is the year not the millennium. dropping wrestling from the olympic, man's oldest sport and keeping badminton, ping-pong, synchronized swimming. synchroniz synchronized swimming's main contribution for a "saturday night live" kit. >> mary. >> a hit to florida senator marco rubio who turned his sweaty, walk ward swig of water during the state of the union response so-called gulp-gate into a political asset making fun of himself and posted a photo of a water bottle on twitter gained thousands of followers, in the instant politics and a little humor can go a long way. >> paul: see if it helps him along the way. if you have your hit or miss send it to us at jer@foxnews.com and twitter@jer on fnc. i'm paul gigot, we hope to seey. >> jon: a week full of news, north korea tests a nuclear bomb. pope benedict called it quits, a historic move. president obama gives his state of the union speech setting the tone for the next
Search Results 0 to 49 of about 142 (some duplicates have been removed)